Cabrera Raymond D. 4
4 · Knowles Corp · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Knowles (KN) SVP Raymond D. Cabrera Receives Awards, Withholds Shares
What Happened
Raymond D. Cabrera, Senior Vice President and Chief HR Officer of Knowles Corporation (KN), received equity awards and had shares withheld to satisfy tax obligations. On Feb 17, 2026 he was credited with 29,764 shares (performance share units settled) valued at about $27.14 each (total ~$807,795) and 13,817 restricted stock units (shown at $0.00 in the filing). To cover tax withholding related to these settlements/vestings, 13,184 shares were withheld on Feb 17 (valued at ~$357,814) and a further 2,818 shares were withheld on Feb 18 (valued at ~$76,537). Net across the transactions, Cabrera acquired 43,581 shares and 16,002 shares were withheld, leaving a net increase of approximately 27,579 shares.
Key Details
- Transaction types: A = award/grant (acquisitions of PSUs/RSUs); F = shares withheld to pay tax liability (treated as dispositions for reporting).
- Dates and prices:
- 2026-02-17: Acquired 29,764 shares @ $27.14 (PSU settlement) — $807,795 total.
- 2026-02-17: 13,184 shares withheld @ $27.14 — $357,814 (tax withholding).
- 2026-02-17: Acquired 13,817 RSUs @ $0.00 (award entry).
- 2026-02-18: 2,818 shares withheld @ $27.16 — $76,537 (tax withholding).
- Net effect: Gross awards = 43,581 shares; total withheld = 16,002 shares; net new shares ≈ 27,579.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- PSU settlement was performance-based for the 2023–2025 performance period (F1).
- Withholding shares were used to pay tax liabilities incident to PSU settlement and RSU vesting under Rule 16b-3 (F2, F4).
- The 13,817 share line relates to restricted stock units that vest ratably over three years (F3).
- Filing timeliness: Transactions occurred Feb 17–18, 2026 and were reported on Form 4 filed Feb 19, 2026 — within the standard two-business-day reporting window (timely).
Context: These transactions reflect the settlement/vesting of performance share units and restricted stock units and routine share withholding to cover required taxes, not an open-market sale or purchase decision by the insider. Award receipts and tax-withholding dispositions are common and typically do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-17$27.14/sh+29,764$807,795→ 131,783 total - Tax Payment
Common Stock
[F2]2026-02-17$27.14/sh−13,184$357,814→ 118,599 total - Award
Common Stock
[F3]2026-02-17+13,817→ 132,416 total - Tax Payment
Common Stock
[F4]2026-02-18$27.16/sh−2,818$76,537→ 129,598 total
Footnotes (4)
- [F1]Represents the settlement of performance share units (PSUs) that were previously granted under the Knowles Corporation Equity Incentive Plan. The ultimate amount of shares to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2023 through December 31, 2025.
- [F2]These shares represent the payment of the tax liability by withholding securities incident to the settlement of performance share units granted on February 6, 2023 in accordance with Rule 16b-3.
- [F3]Restricted Stock Units granted under the Knowles Corporation 2018 Equity and Cash Incentive Plan that vest ratably over three years commencing on the first anniversary of the award.
- [F4]These shares represent the payment of the tax liability by withholding securities incident to the vesting of a restricted stock grant issued on February 18, 2025 in accordance with Rule 16b-3.